ND20 Alert: Stiglitz to join panel on boom/bust cycle in resource-rich nations, March 31

Next Wednesday, March 31 at 12:00 noon, the good folks at Revenue Watch Institute will host a lively discussion on how the financial crisis has played out in resource rich nations. Roosevelt Institute Chief Economist and Nobel laureate Joseph Stiglitz and Chris Canavan of Goldman Sachs will join two Revenue Watch authors for a panel moderated by journalist Dino Mahtani.

The Revenue Watch Institute is a watchdog fo the responsible management of oil, gas and mineral resources, through sound fiscal frameworks, good governance and reforms to international standards.

The upcoming event at Columbia University marks the release of the Revenue Watch Institute series “Boom, Bust and Better Policy: Crisis Lessons for Resource Rich Countries,” a collection of policy papers containing concrete recommendations for resource rich economies in the current climate and future boom/bust cycles.

Questions explored:

  • Which policies during the millennium commodities boom produced the most lasting benefits for resource-exporting countries?
  • Which countries are suffering the least damage post-crisis, and why?
  • How have the extractive industries responded to the economic downturn, and how will the response affect resource rich economies?
  • Most importantly, what lessons and guidelines can policymakers and citizens extract from recent events?

The series addresses these questions and examines the economic, social and geo-political impacts of the financial crisis, the five-year commodities frenzy that preceded it, and the price of  recovery that now appears to be underway.

For more info, click here.